A loan of $575 helped to purchase supplies at wholesale.


Marcelina's story

Marcelina is 44 years old and lives in the town of Soledad with her five children who range in age from 23 to 3 years old. She has a store there named "Tienda donde Diove", which she started at the recommendation of her aunt. Marcelina invested her settlement in an independent activity that would produce income that would support her household. This was how she launched her new adventure, which has allowed her to get ahead as a female head of household. Marcelina identifies herself as a female fighter and she never gives up when faced with life's adversities. This is her motivation to continue, so that every day she is even braver.

Her biggest dream and challenge is to have a supermarket where housewives and her customers in general will find everything very close to where they live, without having to travel. With her growing customer base, her working capital is not sufficient to meet her goals of growth, so that is why she is asking for this Kiva loan. It is her first loan with the Fundación Mario Santo Domingo. With this loan, she will purchase supplies at wholesale to continue receiving discounts for buying in bulk and paying in cash. While Marcelina works hard, she generates a profit margin not less than 38%, which potentially allows her to continue growing and investing capital in her business, a product of loans.

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Translated from Spanish by Kiva volunteer Eileen Lloyd



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